Britannia 1oz Silver Coin 2018

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Britannia 1oz Silver Coin 2018 Motif

Weight: 31.10 g
Purity: 999/1000
Country: United Kingdom
Mint: The Royal British Mint
Packing: 25 per tube
Masterbox: 500
Grading: Mint State; Uncirculated
Tax: Taxfree acc. to article 17(1)3 Eston. VAT Act
Currently not available
Sell back price: € 21.77
Product Description

The Britannia 1oz silver coin 2018 has arrived! The bullion coin has a fineness of 999/1000 with a fine weight of 1 ounce. The Britannia 2018 silver coins are presented in a new design, and represent the honor and spirit of Britain.

The coins come in brilliant uncirculated condition and are part of the rich history of Britain.

Size, Weight & Alloy

The Britannia 1oz 2018 has a fineness of 999/1000, with a fine weight of 31.103 g. The diameter is 38.61 mm, with a nominal value of 2 pounds. From 1997 to 2012, the Britannia 1oz had a fineness of 958/1000 with a higher copper alloy content. Since 2013 the coin is produced with a purity of 999/1000.

 

Size

Fineweight

Diameter

Nominal value

1oz

31.103 g

38.61 mm

2 Pounds

Appearance

To give the coin stability and improve stackability, the Britannia has a silver edge bar and a riffle rim. In addition, the slightly raised edge bar protects the motif from scratches and damage. Furthermore, on both sides of the Britannia 1oz 2018, zigzag half rectangles, surround the edge bar which provide an additional security feature to the coin.

Scene side

The front of the silver coin depicts the allegory of the Britannia. She wears a flowing robe and a Corinthian helmet on her head. She is armed with a trident that reaches almost to the edge bar and has a shield that stands on the ground. The Britannia also holds an olive branch in her hand, which stands for freedom. The inscription on the front shows the name of the coin “Britannia”, the year of mintage “2018”, the fineness of “999”, the fine weight of “1oz” and the words "Fine Silver".

Value side

The back has the motif of Queen Elizabeth II, and is displayed as a profile with the British crown. The background of the coin has been redesigned, and consists of filigree interlocking links reminiscent of a chain pattern. The lettering of the lapel reads "Elizabeth II D G", "Reg F.D." and shows the face value of the silver coin, which is 2 pounds.

Story

The first Silver Britannia was minted in 1997 to commemorate the 10th anniversary of the Gold Britannia which was introduced in 1987. Coined by the British Royal Mint, the Britannia was created to meet the growing demand for investment silver bullion in the UK and globally.

 

From 1997 to 2012, the Britannia had a fineness of 958/1000, which was increased in 2013 to 999/1000. This was necessary because almost all silver bullion coins have a fineness of up to 999.9/1000. Many Gold and Silver investors prefer a higher purity level when purchasing bullion coins and bars. Nevertheless, the fineness of 958/1000 had advantages, especially in terms of scratch resistance and durability. Therefore, coins with a high purity level like the 2018 Britannia should be kept in their protective packaging to preserve the coins surface.

Manufacturer Royal Mint

The Royal Mint is one of the oldest mints in the world. The mint was established in 886 and in 1279 Britain’s numerous mints were consolidated under a single system centralized at the mint in the Tower of London.

In 1976, the Royal Mint and its manufacturing facility was relocated to Llantrisant, a few miles from Cardiff. The most famous leader of the Royal Mint was Sir Isaac Newton. In addition to the Britannia 1oz 2018, the Royal Mint also coins the famous Gold Sovereign.

Tips

When buying Britannia 1oz silver coins, one should become familiar with historical silver prices to find the best point of entry. It is also recommended to check the daily spot price prior to making the purchase. Furthermore, investors can save money when buying higher quantities of the Britannia.
The premium can differ depending on the precious metals dealer you choose. However, always purchase from a reputable dealer with a proven track record and a wide selection of bullion products to choose from. This makes the process easy and safe when you decide to sell back your precious metals.

Details

Country of origin: United Kingdom
Manufacturer: Royal Mint
Fineness: 999/1000
Fine weight: 31.103 g
Nominal value: 2 Pounds
Scratch resistance: Poor